PFR at Washington Mutual

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Jan 2, 2006 2:02 pm

Hi guys!


Is anyone working for W.M. as PFR?


What do you think of the company?


Thank you.

Jan 2, 2006 7:48 pm
Nick Name:

Hi guys!


Is anyone working for W.M. as PFR?


What do you think of the company?


Thank you.



No WaMu's in this part of the country, but they seem to have a good rep for a bank. What is a PFR?

Jan 2, 2006 9:55 pm

Hi Giff!


Thank you for the message.


PFR stands for Personal Financial Representative. WM is based on west coast and they just moved to East ( at least New York) like 4-5 years ago.


Jan 3, 2006 9:35 pm

PFR opens checking accounts, CDs, loans, mortgages(?) etc.


NO INVESTMENT OR INSURANCE AT ALL.  Those services are referred to a "specialist".

Jan 3, 2006 10:40 pm

Yeah, he does that, but they also told me that I need to get the insurance license. And they have a minimum requirement to meet selling the insurance. And if the amount that the customer wants to invest is big I have to send him to the advisor.

Jan 3, 2006 11:14 pm

Nick,


If you're looking to get into the securities business, my opinion is, this looks like a crappy way to do that...